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A home inspection helps you know as much as you can about the property before buying it, says Kenneth Carr of Precision Inspections, a licensed home inspector in New York, Connecticut and ...
Non-contingent offers are appealing to sellers — but should you waive the inspection contingency?
The home inspector describes the condition of the home at the time of inspection but does not guarantee future condition, efficiency, or life expectancy of systems or components. Sometimes confused with a real estate appraiser, a home inspector determines the condition of a structure, whereas an appraiser determines the value of a property. In ...
If it uncovers major structural issues, for example, the buyer might request a reduction in the home price or ask that the seller pay for repairs — and they may have the right to back out of the ...
Inspection fees, usually paid by the buyer [3] (although occasionally by the seller), charged by licensed home, pest, or other inspectors. Some lenders require inspections (such as termite inspection) to verify that the property is in good condition, which is necessary to assure that the property will retain the necessary collateral value to ...
The main agenda of the inspection is to check for vulnerable areas in the home that could be a hazard risk. Does the home have any structural flaws? Is the property built with sub-standard materials? These are the kind of questions that need to be answered by the home inspector. 14 Archived 22 April 2019 at the Wayback Machine